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From fintech to space tech: Robinhood co-founder Baiju Bhatt is betting on space solar
Feb 5, 2025
Baiju Bhatt, co-founder of Robinhood and founder of space solar startup Aetherflux, dives into his exciting transition from fintech to space tech. He discusses the groundbreaking concept of capturing solar energy from satellites, presenting a vision for a new energy grid. The conversation touches on the challenges of scaling this innovative technology and securing funding for a fleet of satellites. Plus, Bhatt shares a whimsically creative idea for a Burning Man light show, blending art and technology in an imaginative way.
25:17
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Quick takeaways
- Baiju Bhatt's shift from fintech to space tech reflects his desire to harness solar energy via satellites, leveraging past knowledge.
- Aetherflux plans to attract funding by utilizing existing technologies to accelerate development and demonstrate space-based solar power viability.
Deep dives
Transition from Fintech to Space Energy
Beju Bhatt's transition from co-founding Robinhood to establishing Aetherflux is rooted in his lifelong passion for physics and the space industry, stemming from his father's background in physics and work with NASA. After studying physics at Stanford, Bhatt became inspired to pursue commercial space initiatives, motivated by the potential of space-based solar energy. The startup aims to leverage advancements in technology to transform the concept of solar power collection from space, which has been explored since the 1970s but never realized commercially. Bhatt's ambition is to create a constellation of satellites capable of collecting solar energy in low Earth orbit and transmitting it to Earth, marking a significant shift in renewable energy generation.
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